Perspectives: A Canadian Journal of Political Economy and Social Democracy

Socialism After Capitalism

Broadbent Institute

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2026 Ellen Meiksins Wood Prize and Lecturer Bhaskar Sunkara spoke to Luke Savage at Toronto Metropolitan University about what a modern 21st century socialism should look like. What’s worked, what’s failed, and what comes next? Is economic democracy compatible with capitalism? When so many figures, from Rosa Luxemburg, to Ed Broadbent, to Tony Blair, have at one point called themselves “social democrats,” is there a tension or confusion between social democracy and socialism? Sunkara’s discussion previews his forthcoming, co-authored book entitled The Blueprint: How Socialism Can Work in the Real World, as well as his thoughts on Zohran Mamdani’s historic campaign to become the democratic socialist Mayor of New York City.

Listen to and read Bhaskar Sunkara’s full 2026 Ellen Meiksins Wood Lecture, ‘Market Socialism Against Capitalism,’ in Perspectives Journal.

Buy Seeking Social Democracy, Ed Broadbent’s book co-authored by Luke Savage, Frances Abele, and Jonathan Sas, and subscribe to Luke Savage’s Substack.

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